AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The recent completion of the 2nd SpicyIP Summer School showcased significant discussions among IP enthusiasts, aimed at challenging traditional assumptions within the field of intellectual property law.
The weekly summary highlights key developments from the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported between June 28 and July 5, 2026. Practitioners should be aware of these significant legal updates.
Taxpayers with income below Rs. 12 lakh may still need to file their Income Tax Return (ITR) based on various factors including income type and TDS. It's essential to assess individual circumstances before deciding to forgo filing.
The Calcutta High Court has stayed an NCLT-ordered administrator meeting, allowing petitioners additional time to seek appellate redress.
The CBDT has authorized the DGIT (Systems) to manage the timely upload of foreign account information, streamlining compliance for taxpayers.
Justice Yogesh Khanna has been appointed as the officiating chairperson of the NCLAT, a move aimed at ensuring the smooth operation of the tribunal.
The Reserve Bank of India is undertaking a comprehensive review of circulars issued under the Foreign Exchange Management Act, 1999, to streamline regulations.
The CESTAT Delhi concluded that Section 28(4) limitation was not applicable to customs classification disputes where the relevant facts were disclosed, leading to the annulment of the duty and penalties.
The CESTAT Delhi upheld the classification of EPS-ECU as an automobile part under CTH 8708 94 00, dismissing multiple appeals based on prior rulings.
The CESTAT in Chennai set aside a customs duty demand under Notification No. 104/94-Cus, remanding the issue for a thorough container-wise verification.
The RBI has launched the July 2026 round of the Rural Consumer Confidence Survey, targeting households in rural areas for economic sentiment insights.
The RBI has initiated the July 2026 round of the Urban Consumer Confidence Survey to assess household sentiments on the economy.
The RBI released key data on Reserve Money and Money Supply for the fortnight ending June 30, 2026, providing insights into financial health.